Rockrose Development Corporation

Rockrose Development Corp. continues to expand in the Washington, D.C. market. The New York City-based company has recently purchased the class A Trophy building at 555 11th Street, NW in the city’s East End submarket, for $300 million.

The first of three phases of The LINK PHX is a 30-story mixed-use structure that will feature 257 apartments and 7,000 square feet of retail space, half of which will be reserved for start-ups, not-for-profit enterprises and artists.